Weekend Opens (4/4-4/5/15)

By Dave Fratello | April 4th, 2015

It's a question that comes up from time to time... Where does the Easter Bunny shop? 

Why, the MB Farmers' Market, of course.

Have a great Easter weekend. If you're in the market, there are a few new options that will be held open even on the holiday. Don't expect them all to be around again next week.

To plan your open-house tours for this week, use MB Confidential's online list of Manhattan Beach open houses (it's mobile-friendly!).

Don't forget, when previewing homes here on MB Confidential, you can click "Open All Images" right above the main listing photo to get immediate display of all the listing photos at once.

East MB

1509 Magnolia Avenue Manhattan Beach CA1509 Magnolia (3bd/2ba, 1,350 sqft.) is a flipper remodel that came to market in August 2013 seeking $1.349M, while the paint was still drying. They got $1.335M then, in a sale that closed exactly 18 months ago. (Here's the prior sold listing.)

This one's back now facing an even more revved-up market, asking $1.549M (+16%) and taking numbers from potential buyers who are getting in line to make an offer.

We liked what the flippers were able to do to the formerly beaten-down 1940s cottage. The floorplan features two spacious living areas (no small feat in 1300 sqft.) at the front and back, opening nicely to a back patio and yard.

There's no true master, and the 3rd bedroom is on the small side, so there are clear limitations like that.

We made a video tour when the property was listed in 2013, which you can see by clicking here.

On the other side of the backyard fence, to the west, there's the service area of a big local car dealer. You don't see it at all – the home is perched up a bluff from the dealer and just seems to see big skies. As to whether there's noise or other impacts, we can't say.

1509 Magnolia Ave starts at $1.549M and is open Sun. 1-4pm.

Tree Section

13 Laurel Square Manhattan Beach CA13 Laurel Sq. (3bd/3ba, 2,500 sqft.) is the second home in the small Laurel Square complex to hit the market this year.

Compared to some we've seen in the complex, this has a straightforward, 2-level floorplan. Updates and finishes are quite nice; nothing urgent to do or re-do.

The living spaces are upstairs and bedrooms down. The main living areas have newer, attractive cherry-color wood floors. It's a very open floorplan with 4 separate areas carved out for living, casual dining, kitchen and even an office area (could be formal dining). The kitchen sparkles with newer cabinetry, counters and appliances, and gets extra sun through a skylight.

13 Laurel Square Manhattan Beach CADownstairs, the master suite must take half or more of the area. The closet is perhaps 300 sqft., just giant. The master shower is just a stall, and with all that extra space from the super-size closet, you could imagine someone reconfiguring the closet/bath area to build out a bigger bathroom – but it's not urgent.

The bedrooms open to the outdoor areas around the first floor, with the master going out to a small patio area and the door to the garage. That's not the only way to get to the house from the garage – you can go through the laundry room (on the bedroom level) and upstairs from there.

The Laurel Square complex has a pool and big, open sports court, so it'd be great for kids. This unit is quite near the pool and you could conceivably watch the kids from the front deck.

Nearby, 7 Laurel Square listed last month and has a buyer, with the list price of $1.725M. In some ways, this unit is more straightforward and better remodeled. The northern edge of this one runs along the American Martyrs parking lot, vaguely visible through bamboo from the living room. We're not sure how buyers will score that factor.

13 Laurel Sq. starts at $1.659and is open Sat. & Sun. 1-4pm.

2001 Oak Avenue Manhattan Beach CA2001 Oak Ave (2bd/1ba, 850 sqft.) is a smallish, largely original cottage on the "right" side of Oak. It's got some nice counters and appliances, fresh paint and newer windows, so it's a very respectable version of "original." But the outlook here is: Expansion, income property or date with a 'dozer.

2001 Oak is priced currently ($1.249M) at the same starting point as a smaller, pure lot sale at 1405 Oak began at recently – before drawing multiple offers.

Y'know what that means? They are aiming to sell here at 2001 Oak fast, and they're pretty much expecting that the start price gets wiped out in the process. (We like the basic strategy: Price at or under the comps, and watch the offers come in right away.)

2001 Oak Ave starts at $1.249M and is open Sat. & Sun. 2-4pm.

Sand Section

422 21st Place Manhattan Beach CA422 21st Place (3bd/3ba, 1,900 sqft.) is a 70s-built TH with views that was restyled more recently with a modern/contemporary vibe.

The layout is as expected, with 1br on the bottom level and the master and another on the mid level. All of the flooring is a dark, engineered hardwood that looks nice but shows some nicks and wear & tear. Baths are crisp and modern.

Location up on the flat part of a narrow alley street didn't seem so promising at first, but there are substantial ocean views from the top level, especially looking north and, to a degree, from the large back deck. The northern views could be impacted if under-height buildings in the view corridor build up.

The common rooms on the top floor are all open, with a slick kitchen with island.

A close comp for this one is 417 20th Place, on a similar alley street one block over, which closed one month ago for $1.999M. We'll see how buyers evaluate the differences.

422 21st starts at $2.199m and is open Sat. & Sun. 1-4pm.

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